Enerdynamic Hybrid Technologies Corp. EDYYF

RE:PP closing

[dannyd9]

Closing date is november 3. I believe it will be oversubscribed as many sold into the rally the buy the new pp with warrantsw. Possible instead of 2 million, we see 3 million and even possibly 4 million. With the 6 million expected before the end of the year on the rooftop asset sale and potentially 4 million from this pp, company would have 10 million cash against 13 million debt. That is a significantly derisked situation compared to last month when the debt came due and the market was worried about foreclosure. Stock wont make any significant move until that pp is closed as shorting into rallies will continue.